Product category:
Energy management; Boiler control
News Release from: McKinnon and Clarke | Subject: Oil cost reductions
Edited by the Processingtalk Editorial
Team on 07 October 2005
Government temporary oil cost reduction
measures?
Energy Consultancy McKinnon and Clarke have called on the Government to take steps to reduce the cost of fuel in the UK - or risk paying a much greater price in the long term
Energy Consultancy McKinnon and Clarke have called on the Government to take steps to reduce the cost of fuel in the UK - or risk paying a much greater price in the long term Wilma Kinniburgh, International Business Manager for McKinnon and Clarke explains, "We are seeing situations where energy intensive clients have asked us to help lobby the government for some kind of rebate on their energy costs or they will face the very real threat of closure and the inevitable loss of jobs that come along with it
This article was originally published on Processingtalk on 27 Sep 2004 at 8.00am (UK)
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This is a story echoed all over the UK, as many industrial clients have to deal with rising energy costs as best they can.
The cost of these rises has to be recouped, whether it's through cuts to the workforce or increasing product costs for the end consumer, a decision all companies are going to have to face sooner or later.
We have seen prices rise steeply in the last 12 months; at one stage people were concerned that the price per barrel of crude oil would top $50, now we have seen prices over $70 per barrel and no-one can predict where it's all going to end; one thing we can be sure of is that this will impact on our country's industries as well as our costs as consumers.
We are likely to see the costs of everyday products rise - everything from the price of milk as a result of the rising costs of diesel used in transportation impacting on farmers, through to rising fuel prices affecting the costs of moving goods from warehouses to the supermarkets themselves.
McKinnon and Clarke's customers already benefit from substantially reduced energy costs but during this time of continual instability drastic measures have to be taken at legislative level.".
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